If you have a high salary and a secure profession maybe you take the risk on a break even property that is going to appreciate and rents go up (I would not put 40% down to do it) but if you are at the mid to lower range that negative cash flow can push you over the edge.

Two different professions.  

Many people try it and get bad education (which is often over priced) Think of it like any profession, it takes a lot of work and effort and you need a good mentor / teacher - it also doesn’t happen overnight.

Too many in our profession focus on annual tax prep vs proactive, concierge type services that actively reduce their clients’ tax bills.

The limited liability protection you are seeking is a legal matter, so no other profession that you interact with has a fiduciary responsibiliyt to care. 

True with every profession, from car mechanics to surgent.

Like most professions, its as "practice."  

Also, the risk of liability wasn't a significant concern coming from my profession.However, if you're considering investing in rental properties, setting up LLCs for each property could be a wise move since you are in a high liability profession and little rentals have much more risk than being an LP.Reach out if you have any specific questions.

There are barriers to entry to the wonderful world of commercial real estate, as there are in all other professions, and this is one of them.

What are you majoring in and what profession are you pursuing?